Shalom Community Development Corporation of Greater Scranton

Analysis

Shalom Community Development Corporation of Greater Scranton is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shalom Community Development Corporation of Greater Scranton reported income of $111k and spending of $112k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $111k (+5.3%), an average of +5.3% a year. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Shalom Community Development Corporation of Greater Scranton sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Masters in Psychology and Counseling Accreditation Church in ($111k), Choose Tallahassee Inc ($111k) and Bethel LA Community Development Corporation ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 69% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.